The Master Trader, + Website : Birinyi's Secrets to Understanding the Market

Alongside Laszlo Birinyi's stories from his more than forty years of trading experience, the book provides guidance on critical trading and investment issues, including:

• What the market will likely do if Spyders are up one percent in pre-trading
• Whether to buy or sell when a stock reports better that expected earnings and trade up to $5 to $50
• The details behind group rotation and market cycles
• The seasonal factors in investing
• Indicators, explained: which are indicative and which are descriptive
• The importance of sentiment and how to track it

The book will include chapters and details on technical analysis, the failure of technical analysis efforts, the business of wall street, trading indicators, anecdotal data, and price gaps. The Website associated with the book will also feature data sourcing and video.

LASZLO BIRINYI is the founder and President of Birinyi Associates, Inc. In 1976, he joined Salomon Brothers as the Head of Equity Market Analysis and developed the firm's weekly commentary, Stock Week. He has developed countless market tools, the most famous being the widely recognized Money Flows tool. In 1989, Birinyi began his own firm, Birinyi Associates, and served as Global Trading Strategist for Deutsche Bank Securities from 1998 to 2002. A frequent guest on business news shows and broadcasts, Birinyi has been inducted into the Wall $treet Week Hall of Fame and named one of Smart Money's "Power 30" market movers. He holds degrees from the University of North Carolina at Chapel Hill and the New York University Stern School of Business Administration.